Wall Street Faces New Threat From Louisiana Bill on Gun Policies
- Louisiana House advances bill targeting banks’ gun policies
- Legislation could raise costs for governments, analysis finds
Photographer: Bing Guan/Bloomberg
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The Louisiana House of Representatives advanced a bill that would prohibit some government contracts with companies that “discriminate” against the gun industry, marking Republicans’ latest attempt to enact the legislation in the state.
The bill, introduced by GOP Representative Blake Miguez, passed the House on May 10 and now heads to the state Senate. While both chambers are controlled by Republicans, the bill could get blocked by Governor John Bel Edwards, a Democrat, who vetoed similar legislation in 2021.